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Complete the equal-payments three-year amortization table. Year Beginning Principal Payment Interest Expense Principal Reduction Ending Principal 1 $6,000.00 $480.00 $4,151.80 2 $2,328.20 $1,996.06 3 $2,155.74
Complete the equal-payments three-year amortization table.
| Year | Beginning Principal | Payment | Interest Expense | Principal Reduction | Ending Principal |
| 1 | $6,000.00 | $480.00 | $4,151.80 | ||
| 2 | $2,328.20 | $1,996.06 | |||
| 3 | $2,155.74 |
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The Complete Guide To Property Finance
Authors: Richard W J Brown
1st Edition
1739832027, 978-1739832025
